Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Myanmar - 2023
Contents:
- Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Myanmar (CIF) - 2022
- Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Myanmar
Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Myanmar (CIF) - 2022
The average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $65 per unit in 2022, falling by -7.8% against the previous year. Over the period under review, the import price saw a perceptible downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 92%. As a result, import price attained the peak level of $190 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($187 per unit), while the price for China ($39 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Myanmar
In 2022, purchases abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -78.6% to 11K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2020 when imports increased by 51%. As a result, imports attained the peak of 91K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses shrank dramatically to $688K in 2022. Overall, imports continue to indicate a significant decrease. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, imports reached the peak of $6.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
| India | 1.1 | 1.1 | 1.0 | 0.3 | -35.2% |
| Thailand | 2.8 | 4.7 | 2.0 | 0.2 | -58.5% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 4.4 | 6.3 | 3.5 | 0.7 | -45.8% |
Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Myanmar in 2022:
- China (6.5K units)
- Thailand (2.5K units)
- India (1.5K units)
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